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Metallurgical coal outlook dims even as demand dwindles in India, China
The outlook for prime hard metallurgical coal is dim, even as demand dwindles in key end user markets China and India
May 17, 2023
·
By Paul Lim, Olivia Zhang
Insights
Ukraine has potential to become primary DRI supplier to Europe, Metinvest CEO says
Yuriy Ryzhenkov, the chief executive officer of Metinvest Group, addressed Ukraine’s role in the future of the European steel industry, indicating that the country has the potential to become a primary supplier of direct-reduced iron (DRI) to Europe, Fastmarkets heard at Made in Steel in Milano
May 15, 2023
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By Julia Bolotova
Insights
Decarbonization policy, carbon emissions alignment at forefront of AISTech 2023
An overarching theme of decarbonization was on display at the Association for Iron and Steel Technology’s AISTech conference in Detroit, Michigan, among US steel industry leaders in May
May 15, 2023
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By Alesha Alkaff
Insights
TSR aims to boost low-carbon steelmaking in EU with new high-grade scrap
Major German recycler TSR aims to supercharge scrap consumption in Europe with a high-grade scrap designed to make high-quality flat steel for sectors such as automotive, a company official told Fastmarkets on Friday April 28
May 10, 2023
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By Lee Allen
Insights
Amendment to frequency of Fastmarkets’ China steel billet import price assessment
After a 30-day consultation, Fastmarkets will amend the frequency of its price assessment for China steel billet imports from weekly to fortnightly due to the low liquidity observed in the import market.
May 4, 2023
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By Jessica Zong
Insights
‘Sliding scale’ approach to measuring, reporting steel carbon emissions allows for greenwashing
The Global Steel Climate Council (GSCC) is challenging the “sliding scale” method used by steelmakers to measure and report steel carbon emissions and unveiling its own global standard
April 28, 2023
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By Alesha Alkaff
Insights
US Steel’s InduX NOES to target growing EV sector
US Steel (USS) will use its upcoming non-grain-oriented electrical steel (NOES) line at Big River Steel in Osceola, Arkansas, to produce a line of thinner electrical steel the company has branded InduX
April 25, 2023
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By Zach Miller
Insights
Power price hike forces Taiwan steel mills to plan sharp cut in summer production
Steelmakers in Taiwan are planning for severe production cuts this summer amid a surge in electricity costs starting in April, coupled with dismal steel demand in the spot market, sources have told Fastmarkets
April 25, 2023
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By Tianran Zhao
Insights
US, UK sanctions on Russia’s Metalloinvest to have limited impact on HBI market
The latest Western sanctions arising from Russia's invasion of Ukraine will have little impact on the global hot-briquetted iron (HBI) market unless key buyers in the European Union adopt the measures, Fastmarkets understands
April 21, 2023
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By Marina Shulga
Insights
End of open consultation on Fastmarkets’ cfr Manila steel billet price assessment methodology
Fastmarkets invited feedback from the industry on the pricing methodology for its steel billet import, cfr Manila, $/tonne, price assessment, via an open consultation process between March 6 and April 6, 2023.
April 10, 2023
·
Insights
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